Tips for Commercial Property Presentations

When you work as a commercial real estate agent in this market, most of the listings that you chase will be the subject of a presentation and sales pitch from a number of real estate agents.

Many property owners feel that they have to test the market and get comparisons from other agencies before they make a decision on just who they will list their property with. Maybe the idea has merit however many sellers and property owners can be influenced by all the wrong reasons and facts.

The problems that stem from the seller approaching a number of agencies can usually be summarised as follows:

  1. Some agencies will be trying to sign the listing by offering discounted or heavily reduced commissions.
  2. Some agencies will reduce the marketing costs on the listing or even pay the marketing costs themselves.
  3. The associated fees for the marketing of the property can be absorbed by the selected agency.
  4. Some agencies will claim that they have qualified buyers on their books now just waiting to inspect and purchase that particular property.
  5. The agent offers to take the listing on an open list basis with no exclusivity.
  6. The agent takes on the listing at the client’s price that is inflated well above market.
  7. The agent offers the client a method of sale that the client is comfortable with however that method does not reflect the best strategy of sale in the current market conditions.

The realities of these offerings and discounts are that they substantially reduce the interest of the listing agent in the true marketing of the property. They can also hinder the sale and marketing process.

These points above are the most common hurdles that you will come across in the sales presentation and pitch process. Any property owner that chooses an agent based on any or all of these facts should not be taken seriously in their efforts to list and sell their property. This property market is fickle, and needs the right approach. The sellers must follow the rules in and marketing of their property; to do otherwise will create a stale listing and waste everyone’s time.

The Real Focus of Agents

Most good real estate agents will only spend their time on the listings that they have exclusive control, and where they can see the most opportunity or the most commission for the amount of effort that they apply.

So if you are coming across these factors in your local property market, the strategy is to practice your presentations to counter propose and discard these issues; they have any little relevancy to the results that a client wants in this market. The property owner and seller will listen to your offer and strategies providing you have the right argument supported by sound logic.

The listing of property is not a debate and should be built around the best price, the best way to attract enquiry, and the best marketing program. Working with a property owner through these three factors will usually allow you to discard the discounts and offerings of other agencies.

No client wants their property to be an experiment with time, price, or enquiry. That is their Achilles Heel that can be used as a lever in you attracting the listing in the best way possible.

How Promotional Products Can Help Boost Sales

Promotional products are an ingenious way to promote a brand, boost business, and increase market share, customer trust and employee satisfaction. The best and rightly selected promotional product has a greater impact on the customers when compared to other modes of advertisements through television and print media.
Promotional products have various crucial roles in boosting sales of your business.

• Increases ROI
• Sales Promotion
• Customer acquisition
• Customer retention
• Customer Satisfaction
• Gains customer Loyalty
• Increasing Brand Awareness

Increases Return on Investment

The cost of advertisements in TV and newspapers are much large compared to promotional product marketing. Moreover, promotional items bring about higher CPI (Cost per Impression) when compared to other media advertisements. Promotional products are the only inexpensive yet effective means that generates better ROI. Higher ROI is achieved through less money, repeated exposure, new customers, and repeated purchase.

Customer Acquisition and retention

In a competitive scenario, to stay ahead of all other competitors, it is important to build up a brand opinion, trust, and persuade customers to choose our products over others. While using such items, the customers see or use them repeatedly and refer others to use the brand for the sake of mere usability. As per PPAI 2009, 60% of customers used the promotional items several times. 7.6% of them made others to use the product and 4.4% of them gave the products to others. This process brings in new customers. This way of repeated impression eventually increases sales.

Customer satisfaction

The main advantages of products over advertisements through newspapers and magazines are that they are only one way. The customer is not benefited materialistically in other media advertisements. This satisfies the customers in terms of materialistic possession.

Customer Loyalty

A high quality promotional product with a great visibility, usage, and durability reminds the brand or the product well ahead of all other medium. These type of products also help recall the message sent through them. The usefulness of the product grows to become a long-term remainder of the product. Promotional products increase:

• Advertisement’s honesty
• Concept towards the product or brand
• Attitude towards the sales product or brand
• Objective to purchase
• Recommendation to try or purchase the brand or product

Brand Awareness

According to the Promotional Products Association International (PPAI), out of the customers who received promotional products, about 76% of them could recollect the name of the brand or the product even after several years. This higher recognition of the brand is achieved only in case of these products. This statistic clearly states that promotional items are the best cost effective means of increasing sales and brand awareness.

Sales Promotion

Brand recognition, loyalty and trust, attraction, repeat purchase, new customers, and ultimately, increased traffic in business boosts the sales of your products. To make a customer purchase a item and then make repeat purchases is more achievable using promotional items. About 20.9% of people purchase a product after using the promotional items, whereas only 13.4%, 7.1%, and 4.6% of people purchased the product after viewing advertisements in print media, TV and online advertisements respectively. In fact, according to the PPAI, about 84% of the people believe that promotional items are very effective in boosting sales.

How To Create Persuasive Sales Presentations In Minutes

Yes, minutes-not hours. Not days. Not all weekend. Not anymore. If you’re ready to connect with customers and prospects and share your solutions-here is the quick and easy way to design highly persuasive sales presentations.

Sales presenting is a critical part of professional business. If you’re good at it…you’re prepared. You’re also well ahead of the curve of folks who are suffering under these false assumptions:

A. I’m more creative ad-hoc

This is a scary belief. If you are telling yourself this fiction, watch out. If you hear it from a co-worker or teammate, challenge it.

Creativity is best when you’ve got a solid story structure and have rehearsed like wild.

B. I’m best when I wing it

Variation on a theme. Do not fall for this illusion. Winging it is a joke. Even if you’re a pro. Even if you’ve done it before. Even if you have a very attractive alternative for how to spend your time before your pitch.

Don’t fall for this kind of thinking. It can be a cover-up story you’re telling to yourself to avoid hard work.

C. I already pitched to this group before

Things change. People change. You’ve changed. If you’re going to be at the top of your game, approach your presentation with fresh eyes and new enthusiasm.

Relying on a dusted off presentation is a really bad idea.

O.K. Now that we got those out of the way, what are you going to do to create powerful sales presentation-fast?

Follow these 6 steps and you’ll be off to a great start.

1. Start With Targeting The Client’s Problems

Based in your research and understanding, identify the top problems your client faces. Start here. Show that you understand, know and are listening to your client’s true needs.

2. Prioritize Options

In traditional newspapers, articles were written with the most important facts and news first. Then, if the editor needed to cut the story, they would cut off the bottom-which contained less important information.

Approach your presentation planning the same way. Organize key concepts by importance. Then, if you need or want, you can skip the less important points based on time and client interest.

3. Highlight Benefits

Building your presentation on your client’s top priorities, structure your story. Using a presentation storyboard is the fastest and easiest way to plot your strategy, organize the time and highlight important benefits.

While your company may offer several types of services such as consulting, training and sales presenting-focus on the specific benefits that address your client’s issues.

Many sales presenters neglect to consider this point. They may find certain benefits more intriguing or important. But what you prefer is not crucial. Focus benefits to connect-the-dots with the problems your client wants to solve.

4. Engage and Interact

Old-school selling often encouraged sellers to: “tell, tell, tell.” Instead, organize your presentation to include times for the audience to interact. Plan your sales presentation with ample time for discussion, Q & A, and client interaction.

Hint: do this early on. The sooner you hear what is important to your client, the better. You’ll be able to adapt and flex your message to match the mood.

5. Personalize With Relevant Examples

Be the person everyone wants to listen to. Share your personal experience through short, powerful and relevant examples. This is where practice and rehearsal really pay off.

Work through your potential examples with your presentation coach. Practice sharing anecdotes. Speak briefly. Share your story with passion.

6. Finish With Clear Compelling Message

It’s often said that people remember the beginning and end of a sales presentation-more than anything else. End on a bang, people will recall you, your brand and your offer.

If you must make a decision to cut a section in order to end with impact, slice away. Take a surgical approach to send the strongest message in the shorter amount of time.

Using these 6 tips, you will be able to create persuasive sales presentations in minutes-not days.